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Feb 12, 2013 1:00am EST
and as general allen told me, the world does not and december 2014. there will be a u.s. presence. military, maybe smaller. but there will be if anything a bigger and more important presence and that is the reconstruction. we will be there. the tweet is absolutely correct. we plan to be there beyond 2014. host: what about you, your office? we are temporary agency. we're set up to handle this agency. at some point we go out -- and existence and what is triggered, if the amount of money not spent falls below to leonard $50 million, there is no need for rest, congress said. we go out of existence. and when that happens, the normal function. that function -- is small enough that it will happen. host: when will that happen? guest: i do not know. it could be yours -- years. host: did you talk to general allen? -- i talked to him through a phone and e-mail. he was a great support for our team and we need the military not only for protection but also to identify problems. he identified certain problems. i got to give general allen and his team credit. nobody likes an inspector general. particularly
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Feb 18, 2013 11:00am EST
to make this country mad? canada has made it clear that it could retaliate against the u.s. do we need to be worried about this? >> that is a great question. they are part of nafta. most of americans do not realize that our number one trading partner is not china, it is canada. i just really do not understand the rationale of not building this. it was the first reason that president obama gave. now, i see no reason, other than kowtowing to the very radical environmentalists and not bringing this to america. dagen: thank you very much. steve moore from the "wall street journal." thanks again. >> thank you, dagen. dagen: let's take a look at the u.s. dollar. trading down versus other major currencies today. agreeing not to target the exchange rates of world currencies. concerns that competitive devaluation could spark a currency war. let's just say, g20 kind of poo-poo'd this. are we not the biggest culprit through the federal reserve of weakening the dollar? >> well, with the federal reserve, their quantitative easing program has been having side effects. i think it is important to reco
Feb 10, 2013 7:00am PST
are also on the $5 bill, the economic case for a penniless u.s. grows more compelling, giving ex-congre ex-congressman kolbe hope. >> when people find out about the savings they'll make it's substantial and they're willing to make this change. >> according to the congressman, not minting pennies would save the u.s. treasury about $45 million a year. and while we're on the subject, switch prg the paper dollar to a dollar coin would save $178 a year and a nickel now costs a dime to produce. quarter for your thoughts? thanks for watching "state of the union." i'm candy crowley in washington. head to for analysis and extras. yo if you hissed any part of today's show, find us on itunes. search "state of the union." "fareed zakaria: gps" is next. >>> this is "gps," the global public square. welcome to all of you in the united states and around the world. i'm fareed zakaria. we have a great show for you today and we begin with american politics. what is really happening? are the republicans on the defensive? will the automatic budget cuts happen? is there any chance of legislative de
Feb 10, 2013 12:00pm EST
for drones and the future of u.s. troops in afghanistan. >> i strongly believe 3,000 is too little. and 30,000 is too many. >> then our political panel on the state of the union watching and the new chairman of the senate foreign relations committee. plus, the high price of a penny. i'm candy crowley. and this is "state of the union." joining me from his home state of kentucky, senator rand paul. thanks for joining us this morning. you are going to deliver the tea party response to the president's state of the union. why is that needed? you have an "r" behind your name and so does marco rubio, who will deliver the republican response. >> i think it just shows that there is a movement within the republican party that's been very vocal. i think particularly in the 2010 elections there was a big movement that helped us win elections. a lot of energy that still comes from the tea party and while they consider themselves mostly to be republican, they will occasionally chastise the republican establishment. they want an independent voice. >> is that what you intend to do? to chastise the republi
Feb 11, 2013 8:00pm EST
in the name of congress the medal of honor to staff sergeant clinton romesha, u.s. army, force -- for conspicuous gallantry and intricately above and beyond the call of duty. clinton romesha this in which and self at the risk of his life above and beyond the call of duty while serving in the fourth brigade combat team, fourth infantry division, during combat against an enemy in afghanistan on october 3, 2009. on that morning, staff sergeant romesha and his comrades awakened to an attack by an estimated 300 enemy fighters, employing concentrated fire from a rocket-propelled grenade from anti-aircraft machine guns, and small armed fighter -- fire as well as mortars. they were compelled to seek reinforcements from the barracks before returning action. staff sergeant romesha to god and an enemy machine-gun team, and while engaging a second, the generator he was using for cover was struck by an rpd, and looking him with shrapnel wound. undeterred by his injuries, he continued to fight and upon the arrival of another soldier to aid him and the assistant gunner, he then assembled as i
Feb 8, 2013 9:00am EST
from the new york stock exchange. let's see how your friday session is setting up on the u.s. futures. it looks like we'll have a positive session with the s&p looking at 2 at the open, dow looking at 13. in europe, the eu summit continues. but the action really taking its cues from china this morning. we have green arrows across the board in europe. take a look at asia. strong eco data out of china in focus. much more on that in just a moment. the road map begins at the golden arches. not even the cheddar onion burgers could help mcdonald's. they missed estimates in every region. asia was down a whopping 9.5%. >> exports boomed 25%, inflation cooled, but met expectations, capping off a two-week winning streak for stocks. >> a blowout quarter, users increase continued in momentum. >> the storm could be one for the record books. forecast calling for as much as 2 1/2 feet of snow in some parts of the northeast. already more than 3,700 flights have been canceled. we'll get more from the weather channel on the path of nemo. >>> mcdonald's down 1.9 in january. middle east and africa, europ
Feb 19, 2013 1:00pm EST
and operates car dealerships, u.s. locations mostly in metropolitan areas in 15 states. reported fourth quarter epps of $0.70. the street wanted to see a $1.19. company ceo talking about strong growth in the fourth quarter, 19% revenue growth. he also said missed some opportunities to maximize profits via complete leveraging of cost structuring. investors unhappy with that miss, stock down 7.5%. josh, back to you. >> thank you so much. einhorn and apple taking their fight to court over return of cash to apple shareholders. the stock down again today and apple lost about 20% of its market value over the past three months. kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to pr
Feb 20, 2013 1:00pm PST
department cuts, according to this forced budget plan cut. just for some perspective, the u.s. is going to spend $88 billion this year, this year in afghanistan. we're going to have much more on this part of the story coming up later, barbara. thanks very much into here in washington, president obama is doing an end around the national press today. he's taking questions from local tv stations, blaming congress for doing nothing to avoid these forced spending cuts scheduled to take effect in just nine days. so what kind of cuts is the president willing to take? jim acosta confronted the white house press secretary today with that question. jim is joining us now. how did it go? >> reporter: wolf, here we go again. the white house and congress move one day closer to the massive forced spending cuts that go into effect at the end of next week. and even though they both agree it's a problem, they are both busy blaming each other to fix it. the white house sounding the alarm. poor children will be tossed out of classrooms, health services will be slashed, border security will be compromised a
Feb 10, 2013 10:00am EST
with the u.s. government not paying interest on its debt, then god knows what would have happened. this is not like that. this is something where the negative effects kick in gradually. the world won't end if we go a month into this thing, so he can afford to wait, where i believe the republicans will have to cave eventually. what he should be looking for is i think some face-saving way for everybody to just kick this can down the road. we could have some vague spending cuts promised in the future, some real revenue sources. >> all in the future. >> all in the future. this is a terrible time to do us a terry. >> i think his reaction depends on whether or not the republicans can hold their coalition together. and if they can create a coalition that holds together, which might even include some democrats, i think they can prevail on this issue and get a small amount of cost reduction. i think if they shy away from -- >> do you want to see some us a terry now? >> they have to demonstrate some ability to manage the costs over the long run if you want to see the private sector grow as
Feb 10, 2013 3:00pm EST
paychecks and on may 18th, the current debt ceiling suspension ends. with no deal even the threat of the u.s. defaulting could again result in the downgrade of america's credit rating. the consequences for you could be dire. your borrowing costs would likely rise along with your taxes. you could expect cuts to the programs and government services you rely on. jon king is cnn's national correspondent. jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's capital? >> he still wants the grand bargain he's been talking about for several years. this past week he came out and said we need another temporary fix. the term sequester is essentially a fancy word for the president and congress not doing their jobs. you laid it out pretty clearly. the president is late submitting his own budget. so he's part of the problem, too. but he does have the upp
Feb 19, 2013 2:00pm EST
. thank you. >> sure. >>> cyber attacks against the u.s. an american firm is linking the chinese government to hacking. i'm talk to a man who hacks computers for a living. >>> controversial advice to kids from top law enforcement. what to do if they're confronted by a gunman. there's a training video here. our panel is going to discuss it. stay close. ns, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for p
Feb 10, 2013 12:00pm PST
. in fact we spend about 1% of the world's energy just making fertilizer for corn in the u.s. if that corn could take the nigtrogeghtrogen out of the air it like beans do, then we wouldn't have to fertilize corn. another important problem, we don't have enough drugs for diseases. we see these multidrug-resistant microbes popping up in hospitals and it's kind of scary. we need better drugs, i think this is an area where synthetic biology can really help. if you look around this room, nearly everything that we're in contact with is derived from petroleum. the carpet on the floor, the paint on the walls, the ceiling tiles, they all come from petroleum we have the potential to produce all of these products from sugar. so it could open up an entirely new avenue for agriculture, it could open up an environmentally-friendly way to produce all of these products that we use on a day-to-day basis. >> is that part of what drives you? do you look at the world just differently as a result of knowing how sugar could be substituted for these petroleum-based products? >> i don't know if i look at the worl
Feb 4, 2013 9:00am EST
, back to you. >> thank you very much, simon hobbs. let's see how this is all going to impact the u.s. session here. we have the head of u.s. equity and quantitative strategy with bank of america, merrill lynch. nice to see you. >> nice to see you, too. thank you for having me on. >> we've been able to put europe on the back burner, but right now it might bring back bad memory for investors that this is exactly what derailed us a year ago. >> it's eerily similar. you know, i think, though, that the big surprise for the u.s. equity market is that we might not see a pullback. i feel like everyone's expecting one. and we might not actually see one. for a bunch of reasons. i mean, last year, i think one thing that was a little bit different was that sentiment was not as negative as it was at this point, where we are today. if you look at wall street strategists, equity allocation is still sub 50%. you've still got a lot of strategists with price targets below where the market is today. i feel like a lot of investors have regarded this rally that we've seen so far as, you know, too far, to
Feb 3, 2013 9:00am PST
schwartz of u.s. "today." why silicon valley? why our part of town? >> i was actually very fortunate to have been given the opportunity by american experience. >> all right. why were they interested? they were -- the sloan foundation is one of their founders. they were really very, have interested in bringing the story "silicon valley" to the public. silicon valley, the revolution that hand here and created by these men, in terms of takingojs into the digital age, the information age really changed our lives in the way we interact today. people take for granted things like cell phones, computers and laptops. all of these thins sort of stand back to what these guys invented. >> even the corporate culture, right? i thought that was one of the interesting aspects, how they set the corporate culture at least here in silicon valley we take for granted today. >> certainly. the main character in this was instrumental, helping to bring the new idea to the democratic -- >> wearing junes. >> cubicals, everybody thinks with intel, you look at facebook, it's a very open environment where really
Feb 6, 2013 5:00pm EST
so, a harty congratulations goes out tonight to the u.s. postal service, whiches is trying to keep up with the times in the 21st century and the age of the internet. much has been said about the news today that the post office plans to eliminate letter deliveries on saturdays. that move estimates to save some $2 billion a year. it's a start. but let's not forget that last year, the post office lost $16 billion. i understand the reaction is mixed on this. many people will be inconvenienced without mail on saturday. but any kind of kuchlts will, of course, inconvenience some. but the troubling aspect of all of this is who some of the loudest nay sayers of this move are. name little our lawmakers. sadly, this is the one lawmaker where there seems to be support. republican senator susan collins saying cuts services should be a last resort. democratic snoshg mark begich says it was a bad news. these are, of course, the same people who need to get serious about government spending, before america has a true crisis. what the post office is doing is what any business would do. they are loo
Feb 20, 2013 3:00am PST
this 12-story building. the source of thousands of cyber attacks against 141 u.s. companies spanning 20 industries. whose building is it? according to a new report confirmed by u.s. intelligence, it's the headquarters of unit 61398. >> i think it was time to let the world know, it's actually not just from china, it's the chinese government sanctioning these attacks. >> reporter: among the targets, america's very infrastructure. >> now our enemies are sabotaging our power grid, our financial institutions, our air traffic control systems. >> reporter: other targets of chinese hackers familiar brand names like coca-cola, facebook, "the new york times," on "wash post" and "wall street journal." and only today, apple. the hackers have user names like ugly gorilla and dota. according to this instructional video from mandiant. >> here we see dota logging into one of his operational e-mail accounts. he's used it for spear phishing and generating additional accounts. >> reporter: what is it? how hackers campaign access into a network by sending deceptive e-mails tricking users into clicking on a
Feb 19, 2013 9:00am EST
. in mexico, there's a walmart and you always remember the global reach. but it is still very much a u.s.-based company. we are exporting a lot of gasoline to other countries because, like the mismatch of where the oil is versus the refiners are, there's a tremendous mismatch of where the refiners are versus where both coasts we need refined products. so it is a degree of art fishlty. it's funny because it comes at a time when people are thinking about the keystone pipeline. these are different issues. and the keystone pop line obviously brings oil, not refined product. but when you see all that refined product going overseas that we make, there should be a bit of outrage. you don't know who who to direct it to. the president right now is not a friend of fossil fuels. >> today in the journal, arguing that he might say yes to keystone. so that trend could change. but on the consumer, january numbers for retailers in general were pretty good, shortened month, though. >> many people don't get their paychecks until the end of the month. maybe walmart internal e-mail, you know, that certainly
Feb 20, 2013 7:30am EST
-- has omb done a study or an analysis of the overall adverse impact to the u.s. economy? i mean, we know how many federal dollars, we get that. that's pretty easy to get. but as omb dun a study -- done a study on the adverse impact to the economy? >> i will point out that a range of third party estimates is now coming, i think some of them have been raised during this hearing. they show a negative impact of .5 to .7% in real gdp growth in 2013 alone. and that's, you know, that's a macroeconomic statistic, but what it translates into and i think the president has been clear, that's going to translate into hundreds of thousands if not more job losses. and we've talked about how these are difficult economic impacts to measure because they have ripple effects. there's the, there's the pulling the $85 billion out of state and local governments out of federal contractors very abruptly and suddenly, you've got impacts down our supply chains, uncertainty impacting decisions to make investment. so for me, i don't know the .5-.7% in real gdp growth is an important macroeconomic measure. what does
Feb 7, 2013 6:00am EST
. welcome to sidewalk. as we can see here, and i feel like the weather girl, but u.s. equity futures are feeling slightly higher today. we have a couple of quarterly results hitting the tape in the last few minutes. cigna reporting earnings and revenues ahead of estimates. earnings topping estimates by a nickel. we're going to continue to follow both of those stories for you this morning. scotty, back over to you. some mandy, thanks so much. now over to the weather channel. eric fisher joining us to talk about this major winter storm heading our way. good morning. >> this could be one for the record becomes here over the next couple of days. it starts in the midwest. not to ignore what's going on here across michigan, wisconsin. chicago, sleeting rain, sleet this morning, a bust of snow this evening. biggest snow totals, eastern michigan. the bull's eye is right around sagin saginaw. so difficult travel there. the cold air and this slipper moving through the states. then we've got the rain across the south. that's ingredient number two. area of low pressure there that keeps a wet day
Feb 12, 2013 12:00pm EST
% for smartphones. the developed markets like the u.s., over 60% of subscribers own smartphones. you have a long way to go before you have a problem. >> don't forget the tablet market. qualcomm is looking for 650 million tablets in 2016. you look at their presentation, growth is really going strong. maybe it won't be 50 or 200% but more than enough strong. then, there is the upgrade cycle. that's a ludicrous report by jpmorga jpmorgan. >> a quick comment from jon fortt, that comment from the analyst that downgraded qualcomm doesn't jive with what we heard by tim cook by any stretch of the imagination where he thinks the smartphone market is going. >> qualcomm announced they're coming out with a lower end chip to address emerging markets up to this point they have been weak and important to get that off the grown and emerging markets like china coming through with networks and qualcomm has a greater growth to tackle that than even apple. >>> barclays is trading higher today after announcing a restructuring plan to cut $2.7 billion in annual cost. the stock is getting a huge bump, 8.5%. >> huge mover
Feb 22, 2013 9:00am EST
or get out of u.s. stocks, are they going to regret making that call at this point? >> i think those days are kind of over. we're not going to nationalize the banking system. the center will hold. this is not 1933, '34, where fdr comes in and he's worried about the left, he's worried about the right. we did have that feeling in 2008, 2009. those days of 100% cash, that's for traders, it's not for the people at home. >> not practical. >> no. >> can you imagine calling, i want to go -- all the cash right now, sell it all. >> listen, you've only missed your -- the dow at 6780 and you go 100% stock? you can do that. it's called whip saw. buy high, selling low. >> the last couple of days there was certainly a feeling in the market that we were perhaps on the cusp of this bigger pullback, and the s&p right now is still above 1,500. the dow is only 50 points or so away from the 14,000 level. >> right. >> yet again. it shows you, you need to temper all of these quick decisions that people so want to make. >> things are mixed. today i feel people say the sequester's off. look, i think it's not as
Feb 15, 2013 10:00pm PST
africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit. new nectresse. sweetness naturally. >>> the former lapd officer now has thousands of his brothers in blue chasing him. just who was christopher dorner? what lit the fuse to cause this explosive rampage. >> reporter: christopher dorner, target of the largest manhunt in lapd history. a vengeful ex-cop, highly trained marksman, armed and dangerous. turning against the very agency that defined him. >> he loved being a cop. he wanted to be a cop all his life. >> the chris corner that was terrorizing california is far from the sunny upbringing of his southern
Feb 20, 2013 4:00pm PST
it's wine where no u.s. wine has gone before. >> proposal to ban bars from opening in a popular neighborhood. >> also, michael finney still taking your questions and will answer them here live in just a few minutes. >> taking a look at traffic right now, quite heavy for drivers on the left-hand side of the green. of the green. abssure and get a colde high be get coricidin hbp. the number one pharmacist recommended cold brand designed for people with high blood pressure. and the only one i use to relieve my cold symptoms without raising my blood pressure. coricidin hbp. >>> a new study claims older americans who use facebook have sharper minds. study involved just 40 people. it found those over age 65 performed better on memory exercises after learning how to use facebook compared to thaes those that didn't. others have shown it can help hone maenl builts. the study presented this month at neuropsychological society. >> facebook concluded being on facebook is good for you?. >> i imagine that. >> and i pro claim watching news is good for you as well, google offering a chance to wi
Feb 27, 2013 12:00pm EST
in. i like u.s. equities, i like emerging market equities and if you're going to be in thick income, be on the credit side. i look at what zbois going on i the united states with corporate america sitting there with a cash on their balance sheets and think we're poised to do well for the next couple of years. >> why do you see growth improving overseas? we know china may be coming back but they're flooding their system with the shadow banking, so their leverage increased dramatically. in europe, the growth has gone the other way. it has declined and worsened there. >> i don't view europe as emerging markets are much more interesting. china, it seems to have stabilized. it had been an area of concern. i don't think it is going to surge tremendously, i think they have it under control which is a plus. i think other parts of the emerging markets are looking pretty corrective as well. >> are you at all worried that italy could upset the view and the direction of the market, at least in the near term? >> in the near term, yes. it feels like every spring we have forgotten about italy for
Feb 15, 2013 7:00pm PST
production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit to apply. to travel whenever you want. for over 75 years people ...with geico... ohhh...sorry!. director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what
Feb 20, 2013 5:00pm PST
. run 1 >> pam: developing at 5. u-s. right now, the midwest while here on the west -- arizona. we'll have the dramatic new pictures ahead. but first, jaqueline bennet tracking these weather patterns right now. >> jacqueline: right now, we see these systems through arizona, the rockies. and oklahoma and a a. showing you to the northeast. all of this blue is indicating snowfall just to show you how cold this this. friday, let us take a look at what is going on over arizona and colorado towards kansas and oklahoma. this is a system that we were dealing with yesterday. a very cold system and it is going all the way to the south. the rule arizona, and it is merging with another disturbance, powerful. texas, oklahoma we will see severe weather with the clash of the cold air, and the warm air from the gulf of alaska. producing snowfall, freezing rain in portions of oklahoma and the threat of tornadoes. with a very nasty picture. conditions will improve as we move to the east. >> catherine: after parts of the country got walloped recently by a huge winter storm. there's another powerful s
Feb 17, 2013 5:00pm PST
and identification cards near the u.s./mexico border and recent descriptions of someone matching dorner's description attempting to flee from mexico. not far from the border, a moment of hope. a possible dorner sighting, but that phoned in tip turned out to be a hoax, another dead-end. >> somebody says, hey, i sighted dorner here, i sighted dorner there, you have to run those leading out. you have to make sure you dot all the eyes and cross all the t's, because you have a cold blooded killer out there. >> by now the relentless investigation had reached las vegas where dorner's house was searched. day three and la palma became another stop on the manhunt to search the home of dorner's mother. >> they're going to check out his friends, his family, quaintances, maybe at all who he may have had contact with in the last year, to find out, okay, have you had any contact with this guy? has he been using any kind of credit cards, atm card? has he been texting, twittering, on facebook, e-mails? >> day four, still no sign. big bear continued to be ground zero in the hunt for christopher dorner. that evening th
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Feb 5, 2013 3:00am PST
up like a storm and that is lowering the value of the u.s. dollar. that means that oil goes up. that's what happens. when you print money, dollar down, oil up, gas up. i think that's what's happening. >>brian: a lot of people use this opportunity to start ripping oil companies. yet, we hear drilling is up. >> don't look to blaming the oil companies. don't look to blaming the refiners. this is the function of the supply of money -- dollars -- coming into the world market lowering the value of the dollar and pressing oil up. it looks to me like you're going to establish a new normal for gasoline. the new normal used to be $3.50. i think we're going to move up to a new normal of about $3.70, $3.75, which is terrible news for the economy. we're already contracting, already got unemployment going up. as the president said high gas prices are like a tax that affects everybody. you keep going up with gas prices and you're taking money out of the economy all over again. >>brian: that's good news for the vault. -- good news for the volt. >> you heard the latest. there is a proposal to tax how
Feb 20, 2013 11:00am PST
is expected over much of the u.s. a massive winter storm is expanding fast from california to the midwest. we're talking heavy snow, ice, freezing rain. all of that. the huge storm system may wal lop the southeast with violent thunderstorms, floods, hail, and possible tornadoes. and then on to california heavy snow already has left hundreds of drivers stranded on mountain highways. casey wian joins us. so, casey, isc california equipped to deal with this kind of snow? >> reporter: well, we've had most of the snow overnight, frederica. you can see behind me there's just pretty much a light dusting on those hills there, but it was a much different story overnight. behind me you can see interstate 15 and that is one of the main roads that connects los angeles. that highway was closed on and off because of heavy snow conditions. one of our affiliates showing one of the accidents that happened on the highway last night, one of the reasons why the california highway patrol had to shut down this interstate overnight. so far no fatalities. no serious injuries reported, but there were a lot of inconve
Feb 4, 2013 12:00pm EST
and there is a debate about what fiscal cliff will mean for the u.s. or wasn't going to mean for the u.s., then you have the fed come out in december and say they would buy $45 million in treasuries out again and gold price came down $150 bucks. >> tom, thanks so much. we will do final trades after this short break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announ
Feb 26, 2013 7:00am PST
reforms, and that's causing concerns that europe's debt crisis could get even worse, rattling u.s. markets. separately, though, home depot reporting strong earnings this morning. home improvement retailer thanking the turnaround in housing as well as all that repair work done in the wake of super storm sandy for those increasing profits. natalie? >> courtney reagan at the new york stock exchange, thanks. >>> airports, as you know, can be very frustrating places but there is no reason to get this angry. take a look. chinese government official flew into an epic tantrum when he learned he had missed his flight -- actually, his second flight that he missed. he took his anger out on airport staff and two innocent computers. the video has gone viral on chinese social media and now he has been suspended from his post and he faces punishment charges. guys, you'll notice security is standing off behind that rope there. turns out because he outranks the security guards, they were afraid to step in, if you can believe that. >> that and a chair. >> yeah. >> you might be able to say former government
Feb 12, 2013 12:00pm EST
't want. >> i'm a student of the kennedy school. do you have any plans on expanding beyond u.s., for instance, to europe? [inaudible] hasn't been very successful expanding to many european countries. thank you. >> yeah. we're looking -- international coverage is really interesting. i think that we're trying every single print issue of the magazine at least a couple times a week to always have international content be in the mix. so we've had reported pieces from venezuela, or we had someone who was embedded in the afghanistan. we ran a piece in the last two issues ago on that. so it's really important. the question for us from just a business standpoint is, um, the economics of it. more often than not it works for us, it works best for us to work with freelance reporters or who are contributing for us and luke, who i just mentioned contributes for "the new york times" as well, and so we can get the content, we can get the ideas in the magazine we don't have, you know, a bureau in paris or kabul or something, something like that. so, but the international stuff, i think, is key
Feb 4, 2013 6:00am PST
to vote on lifting the ban. >> the u.s. postal service will release a stamp honoring civil rights pioneer rosa parks unveiled during a ceremony in detroit today. it would have been her 100th birthday today. she was arrested in 1955 after refusing to give up her bus seat to a white person in alabama. she showed the defiance that became a symbol of the civil rights movement. >> it is cloudy but you can see the bay lights. >> it looks like a waterfall on the side of the bay bridge. >> better than having tears. >> now, outside, you can see a lot of people waking up in a bad mood and gray this morning as are the clouds. hopefully the feeling of despair will pass and the sun will come out and make for a brighter afternoon. we have downtown san francisco right here, the mark of a true fan, still wearing your colors after the team lost. you can see i am wearing the gold and red this morning, as is joe who always does. the biggest homer in the state. now, a look at what is going on, we are already talking next year, draft pick and lockdown corner. it is amazing and the game is not even 24 hours ol
Feb 9, 2013 7:00pm PST
and they are using them for crime scene investigations and surveying. >> you said any who is a u.s. citizen can buy one of these, correct? >> that's correct. >> so, of course, the concern is about abuse, just because you're not supposed to use it for that doesn't mean you aren't. you're selling it and you have someone parking a van at the corner of a street and videotaping out the window. this is another camera platform. >> interesting technology. >>> after the newtown tragedy, arizona sheriff joe arpaio says he wants to send a, quote, armed posse, to protect local schools. steven siegel there on the left may be one of them. i'll explain why next. hi. hi. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. shar
Feb 13, 2013 5:00pm PST
, with users crying conspiracies. so u.s. authorities have burned someone to death in a cabin and let it burn through the basement so no body is left. another says, come on, how is dorner's body burned bond recognition? but they found his license he just so happened to be carrying? i think dorner killed someone and left their body in that fire. others blasted the police. >> we're going to go forward with the plan with the burn. >> reporter: blaming them for the cabin fire. lapd was prosecutor, judge, jury and executioner yesterday. they burned him alive. apparently burning people alive is considered appropriate behavior for the police. from the very beginning, dorner found plenty of sympathizers. >> i just want to start off by saying i perfectly support 100% what christopher dorner is doing. >> i read this manifesto and i basically believe him. >> reporter: on facebook, more than 18,000 likes for a page titled "we stand with christopher dorner." "this was a necessary evil. god bless you, sir." >> please like anti-heroes and we have a heroes rooting for people like bonnie and clyde and butch c
Feb 17, 2013 6:00am PST
but are allowed to stay into effect, let's say nothing gets done even after that march 1st deadline, will the u.s. be less safe as a result of these across-the-board cuts? >> a couple of things. first of all, the president lined this up in a way that put us in this problem. by calling for an across-th across-the-boards cut in the military and intelligence business. it's dangerous. it means that they can't manage -- >> can i just say you all agreed to it. >> yes. but this was the proposal by the president so some notion that it has been shifted to the republicans, i want to see a way out of this for the simple reason that the across-the-board cut, it is damaging to our national security and our national defense for the simple reason that they can't manage the reductions in spending. i argue the best way to go through this sequester, and i do believe we're going to go into this, is give the agencies the ability to manage those reductions so that they can move money around without across-the-board cs, because it could mean things like the second carrier group doesn't show up in the med. it means tha
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